Energy bill woe has hit the headlines again, as Gocompare.com say homeowners have been left in the dark over the energy bill announcement this week.
The comparison website believes that there was more emphasis on securing future energy resources, as opposed to helping households cut down the cost of energy. They also highlighted that energy bills could potentially rise as companies offset the cost of investment in clean energy.
A potential rise in energy costs could be another blow for homeowners that thought energy price cuts across the board would help save money. Although, since these cuts came into effect both British Gas and SSE have hinted that the rising wholesale cost of energy could result in a charge being passed on to customers. However, e.on, another of the big six energy providers has said that the prices of their tariffs will be remaining the same.
Those that are attempting to make the most of clean energy has also dropped, as just 4 per cent of UK households are considering installing solar panels into their home to create energy in the next 18 months. This is compared to the 5 per cent of households that already have solar power taking down the cost of an energy bill.
Jeremy Cryer, head of energy at Gocompare.com said the cost of renewable energy may become more attractive ‘as the cost of technology and installation comes down’.
“Consumers are now caught between a rock and hard place - expected to pay more if they are to invest in solar energy or pay more for utilities companies to provide their electricity”, he added.
Feed-in tariffs use solar panels and wind turbines to provide power to a home.